Schwab Fundamental U.S. Large Company ETF $FNDX Shares Purchased by Next Capital Management LLC

Next Capital Management LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 33.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,158 shares of the company’s stock after acquiring an additional 21,532 shares during the quarter. Next Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,090,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Townsend Asset Management Corp NC ADV increased its holdings in Schwab Fundamental U.S. Large Company ETF by 1.2% in the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock worth $898,000 after buying an additional 436 shares during the period. Archvest Wealth Advisors Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 1.6% in the 1st quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock worth $686,000 after buying an additional 455 shares during the period. Financial Synergies Wealth Advisors Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 0.8% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 56,968 shares of the company’s stock worth $1,345,000 after buying an additional 466 shares during the period. Mather Group LLC. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% in the 2nd quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock worth $409,000 after buying an additional 468 shares during the period. Finally, WealthShield Partners LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 40.4% in the 1st quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock worth $44,000 after buying an additional 541 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.2%

Shares of NYSEARCA:FNDX opened at $26.52 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $26.97. The company’s 50 day moving average is $26.21 and its 200 day moving average is $24.89. The company has a market cap of $20.98 billion, a PE ratio of 17.86 and a beta of 0.93.

About Schwab Fundamental U.S. Large Company ETF

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.